SFGTV: San Francisco Government Television
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obama says the best is yet to come. we are looking forward to improving in this part. thans. >> thank you. >> any other public comment on this item? being none public comment is closed. >> commissioner lowe. >> thank you, president beal. i would like to echo the comments. my grandparents grew up in an sro. i always wondered why i had to bring toilet paper. many of those descriptions hit my hard during my childhood. would like to make the following motion. first to the make the finding that adopt finding of the planning commission and resolution, prioritizing china town as high needs neighborhood and prioritize early investment in open space and parks. to also make the finding -- adopt as our own objectives of planning commission in their resolution in improving the open space in china town. would also like to ask the department to seek funding to implement the resolution and our finding so that it is consistent with the transit center district plan. and to hopefully bring all these great things into fruition. >> thank you. commissioner bonia. >> yes. for purpose of cla
obama says the best is yet to come. we are looking forward to improving in this part. thans. >> thank you. >> any other public comment on this item? being none public comment is closed. >> commissioner lowe. >> thank you, president beal. i would like to echo the comments. my grandparents grew up in an sro. i always wondered why i had to bring toilet paper. many of those descriptions hit my hard during my childhood. would like to make the following motion. first to the...
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Nov 30, 2012
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obama is not a businessman. he is an idea log. i think by him doing something to reach out to mitt romney other than a turkey chili lunch, whatever. neil: they had cold cuts. >> and cold cuts. >> i'm thinking like salmon or something elegant, are you going to eat that. >> yeah, look at my office that you do not get, and how about a coil cut. neil: did you see that? like, looky there what do you think of the color scheme, not up to you. >> track records speak for themselves, mitt romney has a track record of great things. neil: look at, that. >> in oval offers. >> romney just within inches of the desk. >> when i worked for giuliani, romney was running, he has been running for a long time. neil: do you think he runs again. >> i do not. neil: who do the think? >> 2016 rubio, and chris christie, a lot of people that a lot of big donors begged to run. neil: tom you are running? >> not yet. >> talk to me. >> when he come back, we have a ton of twitter followers, count john mccain, as one of them. we'lhe tweeted at me about me tt created
obama is not a businessman. he is an idea log. i think by him doing something to reach out to mitt romney other than a turkey chili lunch, whatever. neil: they had cold cuts. >> and cold cuts. >> i'm thinking like salmon or something elegant, are you going to eat that. >> yeah, look at my office that you do not get, and how about a coil cut. neil: did you see that? like, looky there what do you think of the color scheme, not up to you. >> track records speak for...
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find out what president obama is doing and should be doing to kick tart the u.s. manufacturing sector >> wow! i've never seen anything like this. >> when disaster strikes sometimes the only way out is to look within. current tv digs deep into the extraordinary tales of heroism determination and escape. "trapped" experience the drama. back to back to back. >> hold on mates! >> catch the "trapped" premier mini-marathon this saturday starting at 1 eastern. on current tv. >> jennifer: president obama has made it crystal clear that revitalizing the country's's industrial base jobs is going to be a top priority in his second term and just one of the topics that i touched on in a great recent interview that i had with leo hendry, he's the chair of the advisory council for the smart globalization initiative. and i started by asking him if the election sent congress a message about job creation policies. >> you know firsthand that every election carries a lot of messages, but president obama himself has concluded that the one just past was sort of an impetus to get the mid
find out what president obama is doing and should be doing to kick tart the u.s. manufacturing sector >> wow! i've never seen anything like this. >> when disaster strikes sometimes the only way out is to look within. current tv digs deep into the extraordinary tales of heroism determination and escape. "trapped" experience the drama. back to back to back. >> hold on mates! >> catch the "trapped" premier mini-marathon this saturday starting at 1...
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Nov 30, 2012
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find out what president obama is doing and should be doing to kick tart the u.s. manufacturing sector that story up next where you will only find here on "the war room." 70 years ago. >> jennifer: president obama has made it crystal clear that revitalizing the country's industrial base jobs is going to be a top priority in his second term and just one of the topics that i touched on in a great recent interview that i had with leo hendry, he's the chair of the advisory council for the smart globalization initiative. and i started by asking him if the election sent congress a message about job creation policies. >> you know firsthand that every election carries a lot of messages, but president obama himself has concluded that the one just past was sort of an impetus to get the middle class back together financially and otherwise. and as governor of michigan, the best thing that we could do for this nation right now as you know former governor of michigan is to get balance back in the work force. and i think there were very strong messages that the nation, as evidenc
find out what president obama is doing and should be doing to kick tart the u.s. manufacturing sector that story up next where you will only find here on "the war room." 70 years ago. >> jennifer: president obama has made it crystal clear that revitalizing the country's industrial base jobs is going to be a top priority in his second term and just one of the topics that i touched on in a great recent interview that i had with leo hendry, he's the chair of the advisory council...
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in reality the obama beat romney by about 6 points. in colorado romney's team thought they were up by 2.5. they actually wound up losing by 5.5. excuse me, i'm burping here. in new hampshire they had him ahead by 3.5. the reality, obama won by 5.5. these are like 9 point differences. is internal numbers were off in wisconsin, pennsylvania, and minnesota. a closer look shows more clearly why their confidence peaked right before the vote. over the last weekend there, the romney numbers showed romney gaining strong momentum in these key states. in wisconsin, obama lost 4 points in the polling just as romney gained 4 tying up the race. in new hampshire obama lost 4 while romney gained 3. the magazine quotes a romney aide on election night talking to romney's sontagg as the results were coming in. he looked like he was in a complete state of shock, as if these numbers cannot be real. to make matters worse, their polling told them florida and virginia, who states that romney lost were were in the bag. the republican party is left asking itse
in reality the obama beat romney by about 6 points. in colorado romney's team thought they were up by 2.5. they actually wound up losing by 5.5. excuse me, i'm burping here. in new hampshire they had him ahead by 3.5. the reality, obama won by 5.5. these are like 9 point differences. is internal numbers were off in wisconsin, pennsylvania, and minnesota. a closer look shows more clearly why their confidence peaked right before the vote. over the last weekend there, the romney numbers showed...
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as the arab spring unfolded less than two years ago the obama administration jumped on the bandwagon of the revolutions hoping to forge better alliances with the new leaders. in libya the u.s. prompted the change with airstrikes and arms supplies. we've seen policymakers here in washington trying very hard to present the arab spring as a success story up until september washington had the revolution in libya check as a foreign policy victory for president obama after all the u.s. provided most of the firepower which led to the capture and the killing of moammar gadhafi only after the tragic attack on the u.s. consulate in benghazi and the murder of the american ambassador there did leave you come back into the spotlight and the chaos that we see there now flies in the face of that success story narrative protests frequently disrupt operations at the main oil refinery in western libya while the new government in libya has little or no control over the numerous militia groups the civil war has left the country shredded. with radical islamic taking advantage of the chaos so many in the
as the arab spring unfolded less than two years ago the obama administration jumped on the bandwagon of the revolutions hoping to forge better alliances with the new leaders. in libya the u.s. prompted the change with airstrikes and arms supplies. we've seen policymakers here in washington trying very hard to present the arab spring as a success story up until september washington had the revolution in libya check as a foreign policy victory for president obama after all the u.s. provided most...
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make the case. >> we know spending has shot way up under president obama. what we know is the sbiet bl entitlement programs are unaffordable as they stand. doesn't mean we need to slash medicare today. i don't know anyone suggesting that. it does mean that this is the time, the opportunity to put in the reforms to slow the growth in those programs so we can afford them for the long run so, in fact, seniors can get the benefits they've been counting on and promising. we can't promise them that now because we can't afford these programs as they currently stand. the fiscal cliff creates the opportunity to force the reforms, to put in the reforms we all know need to be put in to place. that was what bowles/simpson was au about. it's not about today's deficit. it's about the future. the moment is now. >> what about the idea that dean is making. look, this is not the issue in terms of the debt and deficit. why are we putting this on the chopping block? >> well, he's right in one sense. president bush did a very effective job of bringing the budget deficit down un
make the case. >> we know spending has shot way up under president obama. what we know is the sbiet bl entitlement programs are unaffordable as they stand. doesn't mean we need to slash medicare today. i don't know anyone suggesting that. it does mean that this is the time, the opportunity to put in the reforms to slow the growth in those programs so we can afford them for the long run so, in fact, seniors can get the benefits they've been counting on and promising. we can't promise them...
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>> under the obama administration, i think it's a real risk. i think they've been hostile to israel and this is one more step to make it easier for the obama people to do exactly that. >> okay. and ambassador john boulton, always a pleasure. >> thank you. stuart: coming up new at 10, the journal "science" comes out with a new study on climate change and could give even more ammunition for a global carbon tax. ammunition for new tax, that will be coming up for you at the top of this hour and as we always say, time is money and here in 30 seconds is what else we've got for you this friday morning. a man whose company managed to power an eetire island with green energy, but it was all privately funded, no subsidies, very small scale, but no subsidies, private throughout. we'll have that man sitting next to me on the set. angry staten island residents lash out at fema, they feel like they've been forgotten. we'll show you that video. illinois has had a huge pension problem, what does it do? created a cartoon snake, squeezy the pension python, and w
>> under the obama administration, i think it's a real risk. i think they've been hostile to israel and this is one more step to make it easier for the obama people to do exactly that. >> okay. and ambassador john boulton, always a pleasure. >> thank you. stuart: coming up new at 10, the journal "science" comes out with a new study on climate change and could give even more ammunition for a global carbon tax. ammunition for new tax, that will be coming up for you at...
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i think obama will be speaking at some point today. and so that's definitely what traders have been focused on. but still while we are holding these bid levels, really kind of chop type trade and not a lot of energy, not a lot of yiks for the most part. >> what about the slew of special difference sends we've be dividends we've been seeing? >> i think that's been encouraging for the most part. but one thing i just heard about the dividends from microsoft and oracle, but i heard pc sales for microsoft were off like 20 some% year to year. so while they came out with the windows 8 launch into the holidays, really it's kind of backfired for the most part and there hasn't been a lot of major response to that relative to some of the other apple type releases that we've seen. and again it's just faltering if you will. but i think the positive energy if you will certainly contributed as well as the economic data this terms of contributing to the up side activity. but it's a bit of a grind to the up side. again, not these -- other than wednesda
i think obama will be speaking at some point today. and so that's definitely what traders have been focused on. but still while we are holding these bid levels, really kind of chop type trade and not a lot of energy, not a lot of yiks for the most part. >> what about the slew of special difference sends we've be dividends we've been seeing? >> i think that's been encouraging for the most part. but one thing i just heard about the dividends from microsoft and oracle, but i heard pc...
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what's obama doing with this first offer, do you think? >> i'm not exactly sure because i don't understand the economic rationale behind it. look at the world that we are in. it is a 2% u.s. growth rate. it is not the 3% we are historically used to. look what's going on in europe. look what's going on in asia, the slowdown there. look at the context at which we want to take money out of the private sector. taxes by definition is contractionary. >> for a while i wondered in first term figured look, the president sooner or later will realize he needs jobs to get re-elected so will come onboard with pro-growth stuff and jobs he was able to, you know, to be re-elected at 7.9%. now you want a legacy that shows that you had a good economy and that you got the jobless rate down. so you are going -- i'm -- maybe there's just a disconnect between whether people that work for him really understand what generates economic growth and jobs and what doesn't. and -- i mean, we will transform society in a way that maybe is more positive for him, obama car
what's obama doing with this first offer, do you think? >> i'm not exactly sure because i don't understand the economic rationale behind it. look at the world that we are in. it is a 2% u.s. growth rate. it is not the 3% we are historically used to. look what's going on in europe. look what's going on in asia, the slowdown there. look at the context at which we want to take money out of the private sector. taxes by definition is contractionary. >> for a while i wondered in first...
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president obama on the road pushing his fiscal plan to raise taxes on the top 2% and spend $50 billion on infrastructure. dave: the opening visit not well-received by gm be leaders, the senate demand represents a step backwards because it is twice as much in tax increases as expected. peter barnes is in washington d.c. with the details and not much movement on the cutting of spending either. peter: president obama and john boehner in front of cameras to make their cases in the battle over the fiscal cliff. the speaker said he is willing to move forward with negotiations in good faith after republicans rejected the president's first formal offer yesterday as being short on spending cuts, but it doesn't sound like anyone has put the brakes on the road to the coin. >> let's not kid ourselves. i am not trying to make this more difficult. i have been very guarded. i don't want to make it harder for me or the president or members of both parties to find common ground. >> this is not some run-of-the-mill debate, not about which political party can come out on top in negotiations and all of us
president obama on the road pushing his fiscal plan to raise taxes on the top 2% and spend $50 billion on infrastructure. dave: the opening visit not well-received by gm be leaders, the senate demand represents a step backwards because it is twice as much in tax increases as expected. peter barnes is in washington d.c. with the details and not much movement on the cutting of spending either. peter: president obama and john boehner in front of cameras to make their cases in the battle over the...
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the rating creases that president obama and the democrats want? don't increase rates that cap deductions so people will pay more than what the republicans want or is it spending cuts from government? which of those three is the toughest? >> the most important issue is what the tax rates are going to be. all good business people make decisions on after-tax returns with you are looking at a worker you are going to hire or a new piece of equipment or expanding a business you look at the after-tax returns, that goes down as tax rate marginal tax rates go up. that is the big issue. dennis: if my marginal tax rate stays the same but i can't hire tax bill because they kept my deductions aren't i still going to not bought a welding torch i was going to buy? >> that may be. you made me pick one out of three. dennis: the thing we are worried about, there are things you say they can do. they should wait on spending but tell us about changing their tax filing status. >> one of those things we are going to see is a big difference between the personal marginal
the rating creases that president obama and the democrats want? don't increase rates that cap deductions so people will pay more than what the republicans want or is it spending cuts from government? which of those three is the toughest? >> the most important issue is what the tax rates are going to be. all good business people make decisions on after-tax returns with you are looking at a worker you are going to hire or a new piece of equipment or expanding a business you look at the...
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i think if obama were truly in our rear of fantasy would apply a temporary income tax surcharge to all employees of bailed of companies and banks instead of increasing taxes on innocent bystanders. good idea. finally, the administration wants paper performance in the education system with teachers. how about pay for performance in congress. that is a great way to save $87 million every year. love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, i often in the show with my "2 cents more" on something that has me fired up, even angry. tonight i wanted to highlight something that made me happy. in new york city police officer has become a hero after this photo appeared on facebook. look at that. as of tonight over half a million people of like it. what it is showing his an officer giving, as man and you pair of boots and a cold night in times square. in arizona woman snapped the fun
i think if obama were truly in our rear of fantasy would apply a temporary income tax surcharge to all employees of bailed of companies and banks instead of increasing taxes on innocent bystanders. good idea. finally, the administration wants paper performance in the education system with teachers. how about pay for performance in congress. that is a great way to save $87 million every year. love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, i often in the show...
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. >> based on the meeting with secretary geithner or your phone call with president obama 09 -- obama side, can you tell us something about that phone call? >> we had a very nice conversation last night. it was direct and straightforward. but the assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as far as a down payment to get to a long-range solution on entitlements? >> there are a lot of options on the table, including that one. >> you are acknowledging that there will. >> the day after the election, i came here and i made it clear that republicans would put revenue on the table as a way to begin to move the process to get this resolved. >> right, so my question is what message do you have for people who are in the negotiating position or believe that it is inevitable that you have to accept some compromise on taxes? >> revenue is on the table. but revenue was only on the table if there were serious spending cuts as part of this agreement. we have a debt crisis. we're spending too m
. >> based on the meeting with secretary geithner or your phone call with president obama 09 -- obama side, can you tell us something about that phone call? >> we had a very nice conversation last night. it was direct and straightforward. but the assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as far as a down payment to get to a long-range solution on entitlements? >>...
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the top rate going to go up to 44%, including obama care. i think these two companies are going to offer great opportunities at these levels with their valuations to investors in a marketplace. >> what's very interesting, keith isn't with us but one thing i know he wanted to talk about was why he wasn't going to recommend buying guess even though they had a special dividend. that's a very interesting situation where a company's fundamentals may not be up to snuff. when does the special dividend get in the way or fool people into buying something they ought not be buying? >> i'll tell you one thing. i think over the next 6 to 12 months investors are not going to be so keen to get involved in companies that have these dividend because they know what they're going to get taxed on. you're going to see a rotation going into muni bonds. in the short term i think it will be a benefit to investors to have these companies. over the longer term they'll have to rethink in terms of the companies that are issue is these special dividend. >> thank you, ap
the top rate going to go up to 44%, including obama care. i think these two companies are going to offer great opportunities at these levels with their valuations to investors in a marketplace. >> what's very interesting, keith isn't with us but one thing i know he wanted to talk about was why he wasn't going to recommend buying guess even though they had a special dividend. that's a very interesting situation where a company's fundamentals may not be up to snuff. when does the special...
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president obama giving his pitch for the fiscal cliff. when will the rhetoric give way to a real action on our debt crisis. juan williams on when a deal can happen. melissa: how would you like to pay more at the pump? we have the new talk about raising the gas tax. what a great idea. lori: i love paying over four dollars a gallon. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every 15 minutes. lauren simonetti. washington is playing politics over the fiscal cliff. we are near session lows right now. >> 11 points away from session lows. the dow is clinging onto that level right now. consumer discretionary is your best performing sector this month. it is lower today, as is technology. the s&p 500 trying to hang onto a monthly gain. not sure if we can do it. certainly higher for the week and nasdaq higher for the both of them. a two-day chart of yelled is really interesting. they expect fourth-quarter sales in china to decline. lo
president obama giving his pitch for the fiscal cliff. when will the rhetoric give way to a real action on our debt crisis. juan williams on when a deal can happen. melissa: how would you like to pay more at the pump? we have the new talk about raising the gas tax. what a great idea. lori: i love paying over four dollars a gallon. washington not the only one that cannot get a deal done. entering day 76. its small business that is really on then ice. melissa: time now for stocks as we do every...
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barack obama wasn't the only person who won. i'm not saying this to denigrate the president or elevate the president. i'm explaining the negotiations right here. you get 80% -- i got 80%, you know, when i ran in, you know -- actually ran unopposed in '98. in '9d6 i got 83%. i didn't give a damn what they said. they didn't call and say i got elected, joe, with 52% of the vote, you've got to go with me. i said that's great, mr. president, i got 80%. >> he probably did do that because he tried to make social security reform the centerpiece. >> right, and it didn't work. >> republicans didn't support it. >> it didn't work. david? >> joe, isn't one of the big questions here what boehner ultimately does is a legislative strategy, not just trying to deal with folks who won in their districts and who are opposed to taxes, but does he put a bill on the floor that he knows he has to rely on heavily on democrats to pass? is he willing to take that step, and what happens to me? >> by the way, david, i want to underline the fact, i can't say
barack obama wasn't the only person who won. i'm not saying this to denigrate the president or elevate the president. i'm explaining the negotiations right here. you get 80% -- i got 80%, you know, when i ran in, you know -- actually ran unopposed in '98. in '9d6 i got 83%. i didn't give a damn what they said. they didn't call and say i got elected, joe, with 52% of the vote, you've got to go with me. i said that's great, mr. president, i got 80%. >> he probably did do that because he...
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visited and find out whether he's a fan of president obama's fiscal cliff plan. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ all kids ] faster! ok, what's fast? um, my mom's car and a cheetah. okay. a spaceship. a spaceship. and what's slow? my grandma's slow. would you like it better if she was fast? i bet she would like it if she was fast. hm, maybe give her some turbo boosters. tape a cheetah to her back. tape a cheetah to her back? seems like you have thought about this before. [ male announcer ] it's not complicated. faster is better. and the iphone 5 downloads fastest on at&t 4g. ♪ anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of go
visited and find out whether he's a fan of president obama's fiscal cliff plan. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ all kids ] faster! ok, what's fast? um, my mom's car and a cheetah. okay. a...
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. >> president obama is meeting with high profile chief executive officers today to talk about country's fiscal issues. >> we're here to support doing the right thing and putting america back to work. >> we don't legislate but we know the consequences of a failure to reach an agreement. >> only way democracy works is through compromise at the end of the day. >> i'm optimistic we'll continue to work together. >> our ultimate goal is an agreement that gets long-term deficit under control in a way that is fair and balanced. >> stocks trade on fiscal cliff comments from president obama and john boehner. >> no substantive progress has been made in talks between the white house and the house over the last two weeks. the white house has to get serious. >> republicans know where we stand. we have said it. we've said it. we've said it so many times. >> i think all of us today are confident we can reach a bipartisan agreement by christmastime. >> according to a congressional republican aides who have talked to "the wall street journal," they obtained a copy of the white house prover here in the ne
. >> president obama is meeting with high profile chief executive officers today to talk about country's fiscal issues. >> we're here to support doing the right thing and putting america back to work. >> we don't legislate but we know the consequences of a failure to reach an agreement. >> only way democracy works is through compromise at the end of the day. >> i'm optimistic we'll continue to work together. >> our ultimate goal is an agreement that gets...
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i want to show you president obama is taking his fifth fiscal cliff plan on the road today if you will and there is a shot of him in pennsylvania. the president is speaking there. this comes fresh after republicans rejected his offer. >> yeah. that's right, scott. the president just got a tour of this toy factory in pennsylvania within the past couple minutes and now is speaking. we're told what he is going to say in this speech is that he wants a deal which raises taxes on the wealthy and he'll specifically say he wants a deal that raises tax rates on the wealthy not just limits deductions and other things. interestingly, scott, on the air force flight over there a white house spokesman briefed reporters and told them he was surprised republicans were so surprised about the details of the president's offer yesterday because the president talked about so much of this stuff early on. i can tell you that offer went over like a lead balloon here on capitol hill. republican members of congress were not thrilled with $1.6 trillion in new taxes and $50 billion in new stimulus style spending.
i want to show you president obama is taking his fifth fiscal cliff plan on the road today if you will and there is a shot of him in pennsylvania. the president is speaking there. this comes fresh after republicans rejected his offer. >> yeah. that's right, scott. the president just got a tour of this toy factory in pennsylvania within the past couple minutes and now is speaking. we're told what he is going to say in this speech is that he wants a deal which raises taxes on the wealthy...
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would that destroy president obama's green energy plan? i don't think so. what if food stamps instead of going up 136% just went up 130% instead. can you really say that that is an attack on folks who are getting food stamps? or can you say that when the american people increase food nutrition spending by 130%, we are actually making a pretty good faith effort to make sure folks are taken care of? mr. speaker, we see it time and time again. 30%, 40%, 50%, 59%, 46%, 62%. we are not talking about destroying federal government programs. we are talking about curbing double-digit increases that have gone on over the past 10 years. triple digit increases in so many cases. that brings us to this balanced approach we keep hearing about, mr. speaker. i hear the president say balanced approach over an over again. i just have not seen him yet do balanced approach. we saw his proposals, it came out yesterday. he wanted to raise taxes by $1.6 trillion. he wanted to increase spending on a variety of programs. he thought he could find $400 billion in reduction. not today,
would that destroy president obama's green energy plan? i don't think so. what if food stamps instead of going up 136% just went up 130% instead. can you really say that that is an attack on folks who are getting food stamps? or can you say that when the american people increase food nutrition spending by 130%, we are actually making a pretty good faith effort to make sure folks are taken care of? mr. speaker, we see it time and time again. 30%, 40%, 50%, 59%, 46%, 62%. we are not talking about...
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. >> president obama is going into campaign mode to win support for his plan. visiting a pennsylvania toy factory today. the deadline is a month and a day away. as abc's karen travers reports. good morning, karen. >> reporter: good morning, rob. good morning, sunny. yesterday was round two between the obama administration and congressional leaders on capitol hill. and things aren't looking good. basically at this point, both sides have laid out an agenda, and they're waiting for the other side to blink. so much for that brief burst of optimism in washington over the fiscal cliff talks. now republicans and democrats can't even agree on where things stand. >> no substantive progress has been made in the talks. >> and you know there is progress. >> treasury secretary tim geithner sat down with bipartisan congressional leaders to keep pushing for a deal. a top boehner aide said the plan geithner presented is, quote, completely unrealistic. and a top democratic aide said republicans have taken to screaming at them. if no action is taken by december 31st, 650 billion
. >> president obama is going into campaign mode to win support for his plan. visiting a pennsylvania toy factory today. the deadline is a month and a day away. as abc's karen travers reports. good morning, karen. >> reporter: good morning, rob. good morning, sunny. yesterday was round two between the obama administration and congressional leaders on capitol hill. and things aren't looking good. basically at this point, both sides have laid out an agenda, and they're waiting for the...
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president obama hitting the road in moments to pressure lawmakers to strike a deal. kristen welker is at the white house this morning. good morning. >> reporter: president obama travels to hatfield, pennsylvania, where he will turn up pressure with republicans to increase taxes on wealthier americans, after a show of bipartisanship. the president inviting mitt romney to the white house on thursday. with washington deadlocked, president obama reached out to his former rival, inviting mitt romney to lunch at the white house, aiming to put past differences to rest. >> i think that he's very interested in some of governor romney's ideas. >> reporter: romney arrived shortly after noon thursday. white house officials revealed few details about the lunch, saying only they ate white turkey chili, and the meeting lasted more than an hour, with governor romney congratulating the president on re-election. in the sole picture released by the white house, you can see the dining room where the men ate and boxing gloves. aides joked there were no punches thrown describing the encou
president obama hitting the road in moments to pressure lawmakers to strike a deal. kristen welker is at the white house this morning. good morning. >> reporter: president obama travels to hatfield, pennsylvania, where he will turn up pressure with republicans to increase taxes on wealthier americans, after a show of bipartisanship. the president inviting mitt romney to the white house on thursday. with washington deadlocked, president obama reached out to his former rival, inviting mitt...
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senate republican leader mitch mcconnell says that he laughed out loud thursday when he saw president obama's latest plan to avoid a middle-class tax increase. republicans are demanding more spending cuts. >>> and just as millions of americans shop online, rely on their gifts to be shipped by the holidays, the biggest seaports in the country are at a virtual standstill. union workers at the los angeles and long beach terminals are on strike. protesting outsourcing of jobs. 40% of all u.s. imports come through those terminals. negotiations are set to resume today. >>> very unusual scene just south of there, in san diego. an out-of-control truck slammed into a fire hydrant, sending water shooting cinematically 30 feet into the air. like a geyser. the truck actually plowed into a bar, leaving a gaping 11-foot hole in the wall. thankfully, no one was hurt. >>> now, here's diane sawyer, with a preview of tonight's "world news." diane? >> josh, great to talk to you on this friday. happy weekend to everyone on "gma." and coming up on "world news," please meet this young woman. i think you'll never f
senate republican leader mitch mcconnell says that he laughed out loud thursday when he saw president obama's latest plan to avoid a middle-class tax increase. republicans are demanding more spending cuts. >>> and just as millions of americans shop online, rely on their gifts to be shipped by the holidays, the biggest seaports in the country are at a virtual standstill. union workers at the los angeles and long beach terminals are on strike. protesting outsourcing of jobs. 40% of all...